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Live Nation Plans Digital Service, Takes On Entire Music Industry

November 11, 2008 2:30 PM ET

They are already the world's largest concert promoters, they've branched out to form their own ticketing service and record labels, and now Live Nation will seek to challenge iTunes' digital music dominance by launching their own music service through their website. Live Nation — home of Jay-Z, Madonna, Shakira and many more — has agreed to terms with three of the four major labels to sell DRM-free MP3s on their website (Warner Music is the lone holdout). The company plans to offer the tracks through the artist pages, much like the blueprint of the upstart MySpace Music. The exact launch date of Live Nation's digital music catalog has not yet been announced.

Related Stories:
Live Nation Prepares for Ticketing Venture with New Hire
Jay-Z, Stargate Hook Up For New Label StarRoc
U2 Net $19 Million in Live Nation Shares In Touring Deal

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Song Stories

“Nightshift”

The Commodores | 1984

The year after soul legends Marvin Gaye and Jackie Wilson died, songwriter Dennis Lambert asked members of the Commodores to give him a tape of ideas. "And the one from Walter Orange has this wonderful bass line," said co-writer Franne Golde. "Plus the lyric, 'Marvin, he was a friend of mine' ... Within 10 minutes, we had decided it should be something like a modern R&B version of 'Rock 'n' Roll Heaven,' and I just said, 'Nightshift.'" This tribute to the recently deceased musicians was the band's only hit without Lionel Richie, who had left for a solo career.

More Song Stories entries »
 
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